What impact will the PS3 redesign/price cut have?

[Kynes]

Euphoria14 said:

Kynes said:

Euphoria14 said:
I don't know about you guys, but when PS3 had that short week or so period at $200 the thing was flying off the shelves.

Nobody here can sit here and say they know what will happen if PS3 goes sub $200. We will have to just wait and see.

That's the effect of a temporal offer, people on the verge of buying a product decide to buy asap to do it cheaper than they would buy later. If they reduce PS3 cost to under 200 US$, more people will buy it than at 250 US$, but it won't have the same effect during a long time than the effect on sales a 50 US$ discount has during only a week.

If the new 16GB PS3 is indeed $179 then we are talking about a $70 cut, which would probably have some sort of lasting effect. More so if it bundles some games.

Nobody knows yet what effect we will see with the PS3 having it's first entry level SKU priced at that level.

 

I just feel like it is being underestimated, much like when the redesign came and the price dropped back in 2009. Plus it is coming with some new IPs and some nice comebacks for series like Sly.

I'm not saying that it won't have a lasting effect, it's sure that it will sell better than without the price cut, but it won't have the same effect during months than a temporal price cut during only a week. We saw it last black Friday week, when the retailers undercut themselves and destroyed the sales of December, with those huge deals. When you have temporal deals you sell lots of hardware on a very short period of time, if you do a price cut, some people that wasn't decided to buy it do, but not everyone on the first week, but on a long period of time. That's why PS3 won't have a sustained 50% increase on sales, much less a 200 to 300% sustained increase as some guys are saying on this same thread. That increase is totally unreasonable, even for a console that does everything.